our higher education system is the best in the world. if you look at the infrastructure, it is pretty good. it is extremely important for all kinds of businesses, agriculture and the tech business. and then we have the research, but we have the best research anywhere in the world, so you put those up against the taxes, yes, the taxes are an issue, and there are better ways to deal with the taxes. but we are now in a situation where we have nearly a balanced budget and we will go forward, we will spend the money on the things to create economic growth and we are competitive. we are competitive in the things many businesses need which is that infrastructure. the other things beyond just the cost of doing business. cheryl: i lived in san francisco for seven years, you don't have to sell me on the beauty of california. congressman john garamendi, thank you. good to see you. >> thank you. bye-bye. cheryl: does the u.s. economy need higher taxes? our guest will weigh in, he's very opinionated on the topic. and we will wrap up with an expert pa